Arch

Actuarial Analyst

Entity Arch Reinsurance Company (U.S.)
Job Locations US-NJ-Morristown
Job ID
2020-3341
Business Segment
Reinsurance
# of Openings
1
Category
Actuarial

The Position

We are looking for a bright and motivated individual to join our team as our new Business Analyst. 

Job Responsibilities

  • Support underwriting, actuarial and finance departments with a variety of data-oriented daily responsibilities and long-term projects
  • Analyze and interpret data from business opportunities in various formats
  • Populate internal models with external data while performing data validation/quality assurance
  • Perform initial underwriting steps by reviewing submissions and running preliminary reports
  • Request catastrophe modeling jobs and validate output for reasonableness
  • Test, improve, and build-out pricing models
  • Aggregate and analyze data from industry sources to improve model benchmarks and parameters
  • Aggregate and analyze company’s internal data to develop proprietary benchmarks and parameters
  • Support the business with regular and ad hoc reporting assigned by managing personnel
  • Suggest ways to streamline or automate processes and organize data

Desired Skills/Experience

  • Excellent excel skills; proficient in all other MS Office applications
  • Programming / VBA skills a plus
  • Ability to troubleshoot and resolve data issues independently
  • Ability to identify opportunities to improve data and business processes
  • Strong attention to detail
  • Strong communication skills, both verbal and written
  • Be willing to provide support and work in a collaborative team environment

 

 

 

Education

  • BS/BA in math, statistics, finance, economics, actuarial or a related technical field

The Company

Arch Re is a well-capitalized, leading diversified insurer that focuses on supplying significant capacity to the global reinsurance marketplace. We have the worldwide reach, agility and resources to support ceding companies capitalizing on changing market conditions and new opportunities in various lines and geographic areas around the globe. Our business strategy keeps operational controls tight and costs low, helping to maximize efficiencies for our broker partners. A subsidiary of Arch Capital Group Ltd., Arch Re has been recognized by clients around the globe for providing expert underwriting, skilled claims management, outstanding service and world-class product offerings.

 

Arch Capital Group Ltd. is a Bermuda-based company which provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Arch offers competitive pay and a comprehensive benefits package. Additionally, Arch is committed to helping its associates create what’s next by providing access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration and professional growth. We seek talent that thinks innovatively, values collaboration and will go the extra mile to serve our customers and develop our company.

 

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